Most stock markets in the Gulf ended higher on
Thursday supported by hopes of further U.S. interest rate cuts
this year and a ceasefire deal in Gaza that could ease
geopolitical tensions in the region.
* Futures: Dow down 0.04%, S&P 500 up 0.03%, Nasdaq down 0.01% * PepsiCo (PEP) beats quarterly market view. * Delta Air Lines (DAL) shares rise on Q4 profit forecast. By Niket Nishant and Sukriti Gupta. Wall Street's main indexes were poised for a muted open on Thursday after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC ANNOUNCES TENDER OFFER FOR ANY AND ALL OF CERTAIN STACR NOTES. * FREDDIE MAC - TENDER OFFER PERIOD FROM OCTOBER 9 TO OCTOBER 16, 2025 Source text: Further company coverage:
Freddie Mac today announced that it has commenced a fixed-price cash tender offer for the purchase of any and all of the STACR? Notes listed in the table below beginning Thursday, October 9, 2025. Freddie Mac has engaged Wells Fargo Securities, LLC and Cantor Fitzgerald & Co. as lead dealer managers and CastleOak Securities, L.P. as co-dealer manager for the Offer.
The bar for yet another rate cut from the European Central Bank remains high, said ING. In fact, the ECB currently feels very comfortable in what it calls a 'good place'.
* * Will cut costs in N. America snacking segment, CEO says. * Names Walmart U.S. finance head as new CFO. By Juveria Tabassum and Jessica DiNapoli. Oct 9 - PepsiCo (PEP) topped Wall Street expectations for third-quarter revenue and profit on Thursday, helped by steady demand for its snacks and sodas in key international markets and strength in its healthier drinks category in the United States.
The Bank of Canada on Thursday warned against imposing more regulations on the financial sector, instead urging measures to encourage competition and innovation that it said could help offset U.S. tariffs.
Bondholders say the insurers reneged on the bond insurance terms, which both firms deny in filings for the case, filed six years after the COFINA restucturing.
Global financial authorities are set to miss a 2027 target set by the G20 group of nations to make international cross-border payments faster, cheaper and more transparent, the G20's Financial Stability Board said on Thursday.
ECB policy is robust enough to respond to changes the euro zone inflation outlook, so the bank can afford to keep a steady hand until it gains more clarity, policymakers concluded last month, according to the accounts of their September 10-11 meeting.
Wall Street futures pointed sideways pre-bell Thursday as traders awaited the impending earnings season, and comments by Federal Reserve Chair Jerome Powell. Powell will address a community bank conference in Washington at 8:30 am ET, via recorded video, with his comments parsed for clues as to whether the central bank will announce a rate cut on Oct. 29.
US equity futures were pointing lower on Thursday as investors await commentary from Federal Reserve Chair Jerome Powell after the central bank's September meeting minutes showed that most officials supported further rate cuts this year. The S&P 500 and the Nasdaq declined 0.1% each in premarket activity, while the Dow Jones Industrial Average was slightly in the red.
The Reserve Bank of New Zealand delivered a 50bps rate cut to 2.50% this week, in line with UBS expectations but larger than the consensus. More importantly, it retained its dovish bias, which sent the NZD/USD and short-dated yields lower, wrote the bank in a note.
The Bank of Japan should be cautious about raising interest rates again as the economy is still fragile, said Etsuro Honda, a close economic adviser to Sanae Takaichi, who is likely to become the country's next prime minister.
Futures tied to Canada's main stock index were subdued on Thursday, as investors turned their attention to U.S. Federal Reserve Chair Jerome Powell's upcoming remarks for insights into the interest rate trajectory of the world's largest economy. December futures on the S&P/TSX index were up 0.05% at 5:57 a.m. ET.
PepsiCo (PEP) beat Wall Street expectations for third-quarter revenue on Thursday, buoyed by resilient demand for its energy drinks, healthier sodas and salty snacks in the United States.
IREN Limited (IREN) today announced the pricing of its offering of $875 million aggregate principal amount of 0.00% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
-New York Federal Reserve President John Williams backs more interest rate cuts this year given the risk of a further slowdown in the labor market, according to an interview published by the New York Times (NYT) on Thursday.
* New York Fed chief sees no risk of imminent recession. * Fed cut rates last month to balance inflation, job market risks. * Williams emphasizes central bank's independence amid political pressure.
* Futures down: Dow 0.01%, S&P 500 0.05%, Nasdaq 0.08% U.S. stock index futures dipped on Thursday, with investors awaiting Federal Reserve Chair Jerome Powell's comments to gauge whether the central bank is leaning more towards preventing inflation or protecting the labor market.
* Newly appointed central banker aims to build gold reserves. * DR Congo did not hold gold reserves despite large deposits. * Gold prices scale record highs above $4,000 per ounce. By Duncan Miriri and Sonia Rolley.
The Bank of Japan should be cautious about raising interest rates again as the economy is still fragile, said Etsuro Honda, a close economic adviser to Sanae Takaichi, who is likely to become the country's next prime minister.
The Bank of Japan should be cautious about raising interest rates further as Japan's gradual return to an inflationary mindset could be disrupted by any premature tightening, said Etsuro Honda, a close economic adviser to Sanae Takaichi, who is likely to become the country's next prime minister.
Federal Reserve Bank of New York President John Williams said that he supports more rate cuts this year, according to an interview published by the New York Times on Thursday. "My own view is that yes, we would have lower rates this year, but we'll have to see exactly what that means," Williams told the newspaper.
* EM stocks up 0.2%, FX down 0.17% * Polish central bank delivers a surprise quarter point cut. * Romania's cenbank leaves interest rates unchanged. * Israeli dollar bonds rally on Gaza ceasefire. By Nikhil Sharma. Oct 9 - Emerging Market currencies came under pressure on Thursday, with the Polish zloty slipping after the central bank's surprise rate cut amid easing inflation.
Oct 9 - Major stock markets in the Gulf rose in early trade on Thursday supported by hopes of further U.S. interest rate cuts this year and a ceasefire deal in Gaza that could ease geopolitical tensions in the region.
* Average spending per trip falls to 911.04 yuan. * That compares to 916.1 yuan in 2024. * Stock market rally fails to provide a boost, analysts say. By Sophie Yu and Brenda Goh. Chinese holidaymakers' average spending dipped to a three-year low over this year's eight-day Golden Week holiday, dashing hopes that a domestic stock market rally would encourage cautious consumers to open their wallets.
The Philippine peso weakened a shade
while equities slid further after the central bank unexpectedly
cut interest rates on Thursday, though stock markets elsewhere
in emerging Asia rallied on renewed ...
A pledge by Japan's next likely prime minister to reassert government sway over the central bank has fanned worries about political interference in monetary policy, however, a weak yen and politics could limit any such push.
* Fed officials say labour market risks high enough for rate cuts. * 94% and 79% chances of rate cuts in October, December, respectively - CME FedWatch. * Israel, Hamas agree to Trump's phase one plan for end to war. By Ishaan Arora.
By Lucy Craymer. New Zealand's central bank slashed its benchmark rate by an aggressive 50 basis points on Wednesday, surprising some in the markets as policymakers signalled concerns about the frail state of the economy and kept the door open for further easing.
Russia's central bank has ruled the state violated the rights of minority shareholders in some asset seizures it made in relation to its conflict in Ukraine, sources told Reuters, in a first pushback by the Russian elite on the nationalisation process.
* Israel, Hamas agree to Trump's phase one plan for end to war. * Fed officials say labour market risks high enough for rate cuts. * 94% and 79% chances of rate cuts in October, December, respectively - CME FedWatch. By Ishaan Arora.
Gold eased on Thursday, as investors
booked profits a day after bullion breached the crucial
$4,000-per-ounce level to hit a record high on economic and
geopolitical uncertainties and hopes of ...
* Wakatabe endorses BOJ's cautious policy normalisation. * BOJ can raise rates if economy improves, Wakatabe says. * BOJ to struggle justifying another rate hike this year. * Wakatabe sees BOJ dropping no signs on rate-hike timing. By Leika Kihara and Takahiko Wada.
The amount of U.S. Treasuries held at the New York Fed on behalf of global central banks has slumped to its lowest in over a decade, casting renewed doubt on foreign appetite for U.S. sovereign debt and other dollar-denominated assets. This may seem a little surprising. These two data sets are the gold standard measurements for U.S. capital flows and global FX reserves.
* US data show softening in economy, IMF chief says. * IMF forecasts slight slowdown in global growth in 2025, 2026. * Georgieva notes high uncertainty, rising demand for gold. * IMF urges countries to boost growth, address imbalances. * 'Don't get too comfortable,' IMF chief says. By Andrea Shalal.
* Gold shows no sign of stopping. * Yen hits lowest since February. * European shares climb to record. * S&P 500, Nasdaq hit record closing highs; Dow off. By Caroline Valetkevitch.
KBRA assigns a long-term rating of AAA with a Stable Outlook to the City of Winchester, VA General Obligation Public Improvement Bonds, Series 2025. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
President Donald Trump's trade tariffs continue to weigh on the outlook for growth and inflation, raising concerns over how long the Federal Reserve can stick with its planned cycle of interest rate cuts.
US equity indexes were higher on Wednesday amid gains in technology stocks ahead of earnings season and the release of minutes from the Federal Reserve's September meeting. * Federal Reserve officials broadly agreed in September that interest rates should be lowered, with meeting minutes released Wednesday showing near-unanimous support for a cut due to labor market weakness.
Most of Federal Reserve officials indicated last month that it would be appropriate to further lower interest rates later this year amid growing concerns around the labor market, minutes from the central bank's September meeting showed Wednesday.
CHICAGO, Oct. 6, 2025 Ziegler, a specialty investment bank, is pleased to announce the successful closing of Josephine Caring Community's $77,115,000 Series 2025ABC Bonds through the Washington State Housing Finance Commission. Josephine Caring Community is a Washington 501 nonprofit corporation located in Stanwood, Washington, which is situated approximately 55 miles north of Seattle, Washington.
Alibaba Group Holding Limited (BABA) (NYSE: BABA and HKEX: 9988 and 89988, ?Alibaba,? ?Alibaba Group? or the ?Company?) () today announced that it has completed the exchange offer for its outstanding USD-denominated senior unsecured notes that were issued in November 2024.
Financial stocks declined in late Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each decreasing 0.2%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was down 0.6%. Bitcoin was increasing 1.5% to $123,195, and the yield for 10-year US Treasuries was slightly higher at nearly 4.13%. Mortgag...
The U.S. Federal Reserve could further lower interest rates this year, but will have to calibrate carefully between easing growth prospects and signs that disinflation is stalling, International Monetary Fund chief Kristalina Georgieva told Reuters.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Log In Required
Publication Date